Frenzy for iPhone 4 Sweeps World

Shrines to Steve

The LTE connectivity is impressive, as it may well spawn a new round of litigation from Samsung. Both companies have been rounding up patents in anticipation of wave of court time, lawyers and affidavits.

LTE would close the gap Samsung and other competitors have with quicker networks (let alone their bigger screens). One analyst said Apple is "more in a defensive role" after five years of iPhone disruption.

Apple stock reached an all-time high on Monday -- a known pattern that will probably feature a sell-off after today's announcement.